“Today, thanks to a number of recent infrastructure improvements, we're able to make it more affordable for you to keep everything safe and easy to reach on any device, from anywhere,” Scott Johnston, director of product management at Google wrote in a blog post.

Plans for 10 TB or more will still start at $99.99. People will still be able to use up to 15 GB of storage of free.

The new prices will take affect without subscribers needing to do anything.

The price cuts follow the recent launch of “Add-ons,” which allow third-party platforms to integrate into certain parts of Drive, including faxes or conference calls.

The move also comes as two other companies that specialize in cloud storage – Box and DropBox – are thought to be preparing IPOs.

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Google's prices now undercut those competitors, with Box offering 100 GB for $5 per month and DropBox's 100 GB plan at $9.99 per month.

Missy Franklin, Jenny Simpson, Adeline Gray and three other Colorado women could be big players at the 2016 Rio OlympicsWhen people ask Missy Franklin for her thoughts about the Summer Olympics that will begin a year from Wednesday in Rio de Janeiro, she hangs a warning label on her answer.